The morning news. [volume] (Savannah, Ga.) 1887-1900, 1887-06-22
SPEAKER CARLISLE.
His Views of an Extra Session of Con-
greSs.
Rrom the Cincinnati Enquirer.


country. A reporter called on Speaker
Carlisle at his home in Covington yesterday
to get his views ON the subject. Mr.. Car
Isle has the confidence of the people and
when he talks it has some weight. He is
careful in his statements on all questions of
public Importance, and dislikes to be mis-
quoted in his conversation. Said the re-
porter:
''Do yon think the President will call
AN EXTRA SESSION
of Congress this fallg"
81 think that will depend entirely upon the
effect the payment of the per cent.
bonds may have upon the financial condi-
ton OF the country. As soon as these bonds
are all paid, money will begin to accumulate
in the Treasury at the rate of not
less than S10,000,000 per month, and,
of course, the business of the
country can not stand such a strain
for any great length of time. As long as
we have bonds to pay, the revenues received
over and above the necessary expenditures
of the government can belegally and profit
ably used in discharging the Indebtedness.
But as soon as this condition of affairs is
changed the administration will be called
upon to consider a question of the gravest
Importance to the whole country Already
chambers of commerce and other mercan-
tile and manufacturing organizations are
becoming uneasy on account of the proba-
BILE consequences of this threatened with
drawal of currency from circulation, and I'M
less something is done to allay apprehensions
we may have momentary crisis or panic be-
fore the time for the regular meeting of
Congress | am sure the administration
will do all it can under the laws as they now
exist to prevent the accumulation of large
sums of money in the Treasury, and keep it
IN CIRCULATION AMONG THE PEOPLE,
but 1t may find itself unable do so with
out adopting policy injurious to the gov
eminent itself and in that event l think an
extra session will be called for the purpose
of securing an early reduction of the rev.
enue.n
"What can the administration do to pre-
vent the accumulation of money in the
Treasury in case the revenue is not re-
ducedF'
''It has power to do. two things which
would have that effect to certain extent at
least. In the first place the Secretary of
the Treasury, under the act of 1883, has
authority to use the surplus revenue in the
purchase of unmatured United States bonds,
but this could not be done without paving
high premium upon them, and would not be
at all advisable, in my opinion, as q per1ma-
nent policy. 1t will be resortedfto tempo
rarily to relieve or prevent great strin-
R6uCI III llOubg DuU Ul6
authority should not be exercised beyond
the actual necessities of the situation. In
the second place the Secretary can designate
additional National Banks as public deposi-
tories, but they would afford very small
relief, because in order to secure the govern
ment deposits the banks are required by law
to deliver United States bonds and other
satisfactory securities to the Secretary, and
it is not probable that they will do this to
much greater extent hereafter than they
have heretofore In my opinion the
ABSOLUTELY NECESSARY THING
TODD is to reduce the revenue at the earli-
est possible moment, and thus relieve the
taxpayers from a part of their burdens and
deprive the government of its control over
the private financial interests of the people.
The only proper function of a Treasury De
paTtment to collect and disburse the pub
Lie money for public purposes, but as long
as we have an enormous surplus revenue to
be boarded or paid out at the discretion of
a Secretary, no matter how honest or
how able he may be, the business of the
country will be in constant danger of dis
turbance. This false financial and revenue
system was not created by the present ad-
ministration or the Democratic party, and
we are not responsible for it, but it exists,
and we have to deal with it as best we can
under the circumstances
''Do you think, Mr.. Carlisle, that Con-
gress will reduce taxation at its next ses-
sionf
'Ithink it will / am not prepared to ex-
press anopinion as to the precise forms in
which the reduction will be made, but re-
duction is absolutely necessary, and it will
be made in some form or other. There are
differences of opinion as to the manner in
which the reduction ought to be made, and
it is not probable that either side will
get exactly what it wants, but if all will
enter upon the consideration of the subject
with
A SINCERE DESIRE
TO accomplish the best attainable results,
there will be a substantial and beneficial re-
duction of taxation before the next session
of Congress adjourns. This ought to have
been done,long ago, and the present situa-
ton ought not to have been forced upon us.
do not care, however, to review the history
OF past efforts or criticise the course of
others, even for the purpose of vindicating
my own. 1t is enough to say that the advo-
Gates of tariff revision and reduction have
not been obstinate or uncompromising in
their attitude toward those who differ from
them on this question, and all who are ia
mlliar with the consultations and confer
ences at Washington know this to be fact.
Since the close of the war internal revenue
taxes amounting to more than $500 900, 900
per annum have been abolished, while the
tariff taxes, which affect to very large ex-
tent the actual necessities of life, have not
been materially reduced, and we did not
consider it unreasonable, therefore, in view
Of these admitted facts, to insist that the
first reduction should be made in the tariff
schedules. But we have not refused to make
internal revenue reductions at the same
time, provided
A FAIR ADJUSTMENT
Of rates could be agreed upon, and many
propositions have been made for the purpose
of securing such result"
In the course of the conversation Mr.. Car
Isle said he had been subject for several
days TO a severe pain in his shoulder, and
had been confined mainly to the house, but
hoped to be able to attend the Democratic
meeting at Lexington to-day. Among
other things he said he thought Mr.. Cleve-
land would be reuominated and elected.
There were many reasons for this opinion,
he said, but the principal one was that the
present administration had been honest, con-
sentative and patriotic, the business of the
country had been prosperous, the people had
been contented, and there was no good reason
so far as he could see, why there should
be any attempt to make a change. He
had the confidence of the business com
munity.
I'm your opinion, Mr. Carlisle, who
will the Republicans nominate for Presi-
dentl'